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  4. SBI Card, IRCTC launch contactless credit card; Big benefits, rewards for Indian Railways travellers

SBI Card, IRCTC launch contactless credit card; Big benefits, rewards for Indian Railways travellers

IRCTC-SBI card offers travellers on Indian Railways maximum savings proposition on their travel, together with superior benefits on retail, dining and entertainment, besides transaction fee waivers.

India TV Business Desk Edited by: India TV Business Desk
New Delhi Updated on: July 28, 2020 14:04 IST
SBI Card, IRCTC launch contactless credit card; Big
Image Source : FILE PHOTO

SBI Card, IRCTC launch contactless credit card; Big benefits, rewards for Indian Railways travellers

IRCTC-SBI Card Credit Card: SBI Card and Indian Railway Catering and Tourism Corporation (IRCTC) today launched the IRCTC SBI Card on RuPay platform, in yet another initiative towards pursuance of the vision of Hon’ble Prime Minister of ‘Aatma Nirbhar Bharat’, ‘Digital India’ and ‘Make In India’. Designed to reward frequent railway travellers, the new co-branded credit card offers the rail passengers maximum savings proposition on their travel together with exclusive benefits on retail, dining and entertainment as well as transaction fee waivers.

IRCTC-SBI card offers travellers on Indian Railways maximum savings proposition on their travel, together with superior benefits on retail, dining and entertainment, besides transaction fee waivers.

Speaking on the occasion, Goyal said “We are strongly committed in making Railways ‘Aatma Nirbhar’ in all the fields with ‘Make In India’ initiatives as envisaged by Hon’ble Prime Minister. The IRCTC SBI co-branded card working on RuPay Platform is one of the many “Make In India” activities undertaken by the Railways”

The new RuPay credit card is equipped with Near Field Communication (NFC) technology whereby the users can expedite their transactions at the POS machines by just tapping the card on the machines without requiring to swipe the card.

IRCTC SBI Card benefits and rewards:

  • The Cardholders will receive up to 10% value back on 1st AC, 2nd AC, 3rd AC, Executive Chair Car & AC Chair Car bookings made at IRCTC website. 
  • The card also offers online transaction fee waiver (1% of transaction amount), 1% fuel surcharge waiver and 4 premium lounge free access at Railway stations in a year (one per quarter). 
  • The users of the card will receive 350 Bonus Reward Points upon activation of the card with a minimum spent. 
  • Users can redeem the accumulated reward points against purchase of train tickets on IRCTC’s ticketing website.

Card issuance fee of Rs 500 has been waived off till 31st March 2021, as an incentive. As soon as the card is activated, 350 bonus reward points will be given to the user. As more technological advancements take place, the card will bring in more benefits, said Goyal.

In addition to savings on rail travel, the IRCTC-SBI card offers several benefits for online shopping portals. Customers can avail discounts while shopping at e-commerce sites.

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